ZIP Code · NY

ZIP 14207

Part of Buffalo, NY

Pop. 26,327·Erie County·322nd most expensive ZIP in New York

Median rent (all units)

$1,246/mo

Year-over-Year

+4.4%

Month-over-Month

-1.4%

vs US Median

-$686

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 14207 · $1,246

More affordable than 89% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$950

1 BR

$980

2 BR

$1,160

3 BR

$1,420

4 BR+

$1,610

Research median

$1,160/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 14207 is 1.4% below its high of $1,264 in August 2026, at $1,246 as of September 2026.

Past year vs. the rest of New York

Rent in ZIP 14207 changed +4.4% over the year to September 2026. Across the 251 New York ZIP codes Zillow tracks, the typical change was +5.6%.

Recent direction

Rent rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($39,753) is $994 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($980); a 2-bedroom is $1,160.

Rank in Buffalo

3rd cheapest of 19 ZIP codes in Buffalo.

From Zillow's monthly rent index (ZORI) for ZIP 14207. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,952/yr

At $1,246/mo median

Location

CityBuffalo

StateNY

CountyErie County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+4.4% YoY, -1.4% MoM), not inventory.

Demographics

Who lives here

ZIP 14207 (Buffalo, NY) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 18.9% of residents hold a bachelor's degree or higher.

Population

26,327

Median income

$39,753

Median age

32.8

Renters

65%

Age distribution

29.7%

23.7%

26.2%

Under 1829.7%

18–3423.7%

35–5426.2%

55–6411.7%

65+8.7%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

38.8%

20.8%

24.4%

13.7%

White38.8%

Black20.8%

Hispanic24.4%

Asian13.7%

Other2.2%

Education (25+)

20.6%

32.4%

28.1%

18.9%

No HS diploma20.6%

HS diploma32.4%

Some college28.1%

Bachelor's+18.9%

Housing tenure

35%

65%

Owner35%

Renter65%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 14207 in Buffalo, NY has changed in 5 years

Rent

$994 → $1,246

up 25.4%

Income

$32,186 → $39,753

up 23.5%

Population

25,661 → 26,327

up 2.6%

Renter share

65.5% → 65%

-0.5 pts

Bachelor's+

15.7% → 18.9%

+3.2 pts

Median age

30.8 → 32.8

+2.0 yrs

Since 2023, the typical rent in ZIP 14207 in Buffalo, NY has increased from $994 to $1,246, a 25.4% change over five years. Household income in the area moved from $32,186 to $39,753 across the same window, up 23.5% versus 2021. The population has grown by 2.6% since 2021, moving from about 25,661 residents to roughly 26,327. College-educated residents now make up 18.9% of adults here, versus 15.7% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 14207 in Buffalo, NY look reasonable against where the market sat half a decade ago.

Community

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Local insights

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About renting in ZIP 14207

Last updated: October 17, 2026

ZIP code 14207 covers Buffalo, NY. The median rent here is $1,246/mo as of October 2026. A 1-bedroom rents for a median of $980/mo. A 2-bedroom rents for a median of $1,160/mo.

At 38% of local median household income ($39,753/yr), ZIP 14207 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 14207?

To keep rent at or below 30% of gross income, you would need to earn at least $50,000/year (about $24/hour full-time) to afford the median rent of $1,246/mo in ZIP 14207. The local median household income is $39,753/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 14207?

Rent in ZIP 14207 has risen 4.4% over the past year as of September 2026. It sits 1.4% below its high of $1,264 in August 2026.

How does ZIP 14207 compare to other ZIPs in New York?

ZIP 14207 is one of the more affordable among New York ZIP codes for rent, ranking #322 of 334 at $1,246/mo. Over the year to September 2026, rent in ZIP 14207 changed +4.4%, against a typical +5.6% across the 251 New York ZIP codes Zillow tracks.